Physicians For A Healthy California
- Assets
- $75.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 10/1963
- Data as of
- 12/2022
- EIN
- 94-6062822
Organization Overview
Physicians For A Healthy California is located in Sacramento, CA. The organization was established in 1963. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physicians For A Healthy California is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Physicians For A Healthy California generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $6.2m during the year ending 12/2022. While expenses have increased by 26.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PHYSICIANS FOR A HEALTHY CALIFORNIA IS DEDICATED TO IMPROVING COMMUNITY HEALTH, GROWING A DIVERSE PHYSICIAN WORKFORCE AND PROMOTING HEALTH EQUITY. OUR PROGRAMS CONTINUE TO IMPROVE PUBLIC HEALTH, PROVIDE CLINICAL PRACTICE SUPPORT AND IMPROVEMENT, AND ADDRESS THE SOCIAL DETERMINANTS OF HEALTH AND ACCESS TO CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALMEDFORCE ADMINISTERS ANNUAL GRANTS TO FUND RESIDENCY POSITIONS AT GRADUATE MEDICAL EDUCATION (GME) PROGRAMS THROUGHOUT CALIFORNIA TO TRAIN PHYSICIANS AND HELP THE STATE ADDRESS ITS GROWING PHYSICIAN SHORTAGE. THE UNIVERSITY OF CALIFORNIA IS THE DESIGNATED RECIPIENT OF THE FUNDING VIA TOBACCO TAX REVENUES, PROPOSITION 56, AND HAS CONTRACTED WITH PHC TO ADMINISTER THIS GME GRANT PROGRAM. IN 2022, CALMEDFORCE FUNDING AWARDED THE LARGEST NUMBER OF RESIDENCIES AND RESIDENT POSITIONS TO DATE, TO SUSTAIN, RETAIN AND EXPAND GME IN PRIMARY CARE AND EMERGENCY MEDICINE. A TOTAL OF 129 RESIDENCY PROGRAMS WERE AWARDED $37.9 MILLION TO FUND 210 RESIDENT POSITIONS.
CALHEALTHCARES ADMINISTERS LOAN REPAYMENT FOR EDUCATIONAL DEBT TO CALIFORNIA PHYSICIANS AND DENTISTS WHO PROVIDE CARE TO MEDI-CAL PATIENTS, WHICH REPRESENT ONE-THIRD OF CALIFORNIANS AND HALF OF THE STATE'S CHILDREN. THE DEPARTMENT OF HEALTH CARE SERVICES HAS FUNDED THE PROGRAM THROUGH THE STATE TOBACCO TAX REVENUES, PROPOSITION 56, AND CONTRACTED WITH PHC TO ADMINISTER THE STATEWIDE PROGRAM. ELIGIBLE PHYSICIANS CAN APPLY FOR UP TO $300,000 IN LOAN REPAYMENT IN EXCHANGE FOR A FIVE-YEAR SERVICE OBLIGATION. ELIGIBLE DENTISTS CAN APPLY FOR UP TO $300,000 IN EXCHANGE FOR A FIVE-YEAR SERVICE OBLIGATION OR A PRACTICE SUPPORT GRANT OF UP TO $300,000 IN EXCHANGE FOR A TEN-YEAR SERVICE OBLIGATION. IN 2022, A TOTAL OF 247 AWARDS WERE OFFERED TO PHYSICIANS AND DENTISTS, PROVIDING $63 MILLION TO REDUCE THE EDUCATIONAL DEBT. PHYSICIAN AWARDEES ARE PROVIDING SERVICES TO MEDI-CAL PATIENTS IN 33 COUNTIES THROUGHOUT CALIFORNIA AND DENTIST AWARDEES ARE PROVIDING SERVICES IN 18 COUNTIES.
THE KIDSVAXGRANT PROGRAM IS FUNDED BY THE CALIFORNIA DEPARTMENT OF PUBLIC HEALTH AND ADMINISTERED BY THE PHYSICIANS FOR A HEALTHY CALIFORNIA (PHC). THE PROGRAM PROVIDES HEALTH ORGANIZATIONS WITH PRACTICE SUPPORT GRANTS TO SUPPLEMENT THE OPERATIONAL COSTS OF ADMINISTERING COVID-19 VACCINES TO PEDIATRIC POPULATIONS IN THEIR COMMUNITIES. IN 2022, APPROXIMATELY $25.6 MILLION WAS AWARDED TO 1033 VFC PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin E Corcoran Cma Chief Executive Officer | Trustee | 2 | $0 |
Lance R Lewis Chief Financial Officer | Officer | 2 | $0 |
Guadalupe Alonzo-Diaz President And CEO | OfficerTrustee | 2 | $0 |
Jennifer Turner Senior Director Of Operations | Officer | 0 | $0 |
Tanya Spirtos MD Vice Chair Of The Board | OfficerTrustee | 1 | $0 |
Howard Kahn Mpa Chair Of The Board | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $198,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,737 |
| Total Program Service Revenue | $9,080,387 |
| Investment income | $61,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,341,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,503 |
| Grants and other assistance to domestic individuals. | $9,829 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,269 |
| Fees for services: Other | $1,016,604 |
| Advertising and promotion | $1,632 |
| Office expenses | $45,712 |
| Information technology | $93,375 |
| Royalties | $0 |
| Occupancy | $198,114 |
| Travel | $30,877 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,935 |
| Interest | $0 |
| Payments to affiliates | $1,786,229 |
| Depreciation, depletion, and amortization | $105,045 |
| Insurance | $34,068 |
| All other expenses | $186,366 |
| Total functional expenses | $6,170,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,073,640 |
| Savings and temporary cash investments | $65,953,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,882,219 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,793 |
| Net Land, buildings, and equipment | $269,774 |
| Investments—publicly traded securities | $2,859,792 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $75,055,033 |
| Accounts payable and accrued expenses | $295,597 |
| Grants payable | $65,535,000 |
| Deferred revenue | $82,608 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,045,889 |
| Total liabilities | $66,959,094 |
| Net assets without donor restrictions | $6,839,288 |
| Net assets with donor restrictions | $1,256,651 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $75,055,033 |
Grants Awarded
Over the last fiscal year, Physicians For A Healthy California has awarded $46,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OSTEOPATHIC PHYSICIANS & SURGEONS OF CALIFORNIA PURPOSE: CalVax Grant Outreach. | $10,000 |
AMERICAN COLLEGE OF EMERGENCY PHYSICIANS STATE CHAPTER OF CALIFORNIA INC PURPOSE: CalVax Grant Outreach. | $9,500 |
FRESNO-MADERA MEDICAL SOCIETY PURPOSE: Calvax Grant Outreach. | $7,000 |
SAN BERNARDINO COUNTY MEDICAL SOCIETY PURPOSE: Calvax Grant Outreach. | $10,000 |
CALIFORNIA ACADEMY OF FAMILY PHYSICIANS PURPOSE: CalVax Grant Outreach. | $10,000 |